Neogrid Participações Dividend
Dividend criteria checks 1/6
Neogrid Participações is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
38%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R$0.011 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Be Wary Of Neogrid Participações (BVMF:NGRD3) And Its Returns On Capital
Apr 12
Returns On Capital Signal Tricky Times Ahead For Neogrid Participações (BVMF:NGRD3)
Oct 04Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Jul 01Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Mar 29With Neogrid Participações S.A. (BVMF:NGRD3) It Looks Like You'll Get What You Pay For
Aug 01Neogrid Participações' (BVMF:NGRD3) Robust Earnings Are Supported By Other Strong Factors
Apr 05Do Institutions Own Neogrid Participações S.A. (BVMF:NGRD3) Shares?
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NGRD3 has been paying a dividend for less than 10 years.
Growing Dividend: NGRD3's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Neogrid Participações Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NGRD3) | 1.4% |
| Market Bottom 25% (BR) | 2.1% |
| Market Top 25% (BR) | 8.7% |
| Industry Average (Software) | 0.8% |
| Analyst forecast in 3 Years (NGRD3) | 1.6% |
Notable Dividend: NGRD3's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.12%).
High Dividend: NGRD3's dividend (1.4%) is low compared to the top 25% of dividend payers in the BR market (8.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), NGRD3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NGRD3 is paying a dividend but the company has no free cash flows.